By Caroline Valetkevitch NEW YORK (Reuters) – Wall Street’s run-up to record highs will be put to the test in the coming weeks as heavily weighted U.S. technology-related companies open th[...]
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January 23, 2024
Truck and bus maker Iveco partners with BASF for battery recycling
MILAN (Reuters) – Italian truck and bus maker Iveco Group has partnered with German chemicals group BASF for the recycling of lithium-ion batteries of its electric vehicles (BEVs), the two compa[...]
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Most euro zone banks face risk from climate complacency, ECB finds
FRANKFURT (Reuters) – Most big banks in Europe are failing to adjust their business to the looming decarbonisation of the bloc’s economy and thus face increased financial, reputational and[...]
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Explainer-What does Red Sea disruption mean for Europe’s economy?
By Mark John (Reuters) – Weeks of attacks by Iranian-backed Houthi militants on vessels in the Red Sea have disrupted shipping in the Suez Canal, the fastest sea route between Asia and Europe, c[...]
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‘Snowball’ derivatives feed China’s stock market avalanche
By Li Gu and Vidya Ranganathan SHANGHAI/SINGAPORE (Reuters) -China’s plunging stock market is leading to losses on billions of dollars worth of derivatives linked to the country’s equity i[...]
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Marketmind: Big Tech reports, China gets a grip, BOJ calm
A look at the day ahead in U.S. and global markets from Mike Dolan With Wall St stocks surfing record highs, Tuesday sees Netflix kick off a couple of weeks of Big Tech earnings updates stateside[...]
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Euro zone banks expect small bounce in loan demand – ECB poll
FRANKFURT (Reuters) -Euro zone banks expect a small rebound in the demand for mortgages and corporate loans for the first time in two years as a slump in lending shows early signs of moderating, a Eur[...]
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Corning’s Indian JV signs $120 million investment deal with Tamil Nadu state
CHENNAI (Reuters) – India’s Tamil Nadu state said on Tuesday that a joint venture of Corning agreed to invest 10 billion rupees ($120.4 million), underscoring the growing importance of the[...]
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India’s Zee slides 30%, Sony deal collapse stokes worries about its prospects
By Rama Venkat BENGALURU (Reuters) -Shares in India’s Zee Entertainment plunged by as much as 30% on Tuesday, set for their worst day ever, after the collapse of its $10 billion merger with Sony[...]
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